Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

Thank's for that Fundamentalist. Could be looking at a dead six months then. For some short term spec action try DES

:oO)) blue against trades as reported!!! now that is a pleasing close ;O)))

nice to see a blue finish, not much but every little helps

Blimey! - is this the start of an upward trend at last. Volumes were very low today though, we need to see what the rest of the week has in store before we get too excited.

Bit premature Overgrowth - back testing support at 18.5p again

whooops someone spoke too sooon now ..18.0p.... ;-((((((((((((((((((

14p looks likely now.

This drop has happened on quite low volumes - fundamentals still solid - but the short term is going to continue to be messy - holding for the long term.

looks like pretty heavy selling to me, falling fast, will buy if hit 14p soon

Not a good day for RTD - Robbie Burns has sold out and it appears he still has a lot of followers!!!

its through the support level now! not looking good.

robstuff - why would you buy at 14p? if it goes down further then their is no guarantee that 14 will be supported. my advice is never average down. yes rtd is a good company but that doesnt stop it from going down further than 14p. i would suggest you buy once it has past a resistance point.

RTD Why??????????????

Lots of panic today, is there some bad rumour?

Hope long term still good.

Maybe this is another buying opportunity but scary.

tide has turned, may now have seen bottom..big buys coming in

Javidshaik -it takes a brave person to buy something on a down trend but i have always made money by not following the herd and not buying when everyone else seems to be. i.e on a good day say after some news, better to anticipate and get in cheap the day before. There has been no bad news and as fundamentalist says, the fundamentals have not changed, just peoples mood.. so a great opportunity, in fact 14p may not be seen at all, i think we may have reached a low. The moneymakers didn't buy at 28p, they're buying now!

robstuff - i agree, it does take a brave person to buy on a downtrend. if it has been working for you then that is great! personally, i will only buy on uptrends and sell on support levels being broken.
rtd will not prove to be a mistake for any long term investor who is getting in to this but i like to see my returns sooner so will only buy on uptrends. i am more of a speculator.
hope we see the end of selling now and perhaps some big buys.

javid

So what are you investing in currently? I like to monitor shares that have had recent uptrend and profit taking but the position hasn't altered - also looking at MDW, OXB, DES where good news has been flowing and more to come but profit taking period has meant off their highs awaiting the next surge forward. RTD I believe is one such recovery awaiting news which will propell it into the limelight once again. Another is CHR where results were good but price has plummeted, but the outlook is good and price should bounce on the good days returning.

just had an interesting chat with a mate who works in the city (reliably good chap) who says that at this price if it stays this low they could attract a bid for the company

Well folks, looking at the way RTD has broken through it's previous solid support level it looks as though the selling could continue for a while yet.

I bought in at an average of 10p, so I plan to sell some tomorrow to lock in some gains before they potentially disappear with the intention of buying them back at a bargain price in the next few weeks - I'll buy some back into next year's ISA also to shelter the long term gains.

When the market turns bearish on a stock like this after such a sudden rise over the past few months, it's best to follow the crowd (at least partially). I'm speaking from experience having bitterly held on to some "rising star" shares in the past only to see them end up where they started short-term.

I say short-term, because I am still bullish long-term concerning RTD, however results have only recently come out, and it will be a while before we're likely to hear any more good news. This taken with current sentiment, bad news on chart support, rampant "de-ramping" going on elsewhere, Robbie Burns and his loyal followers selling and no doubt other investors with the same idea as me etc. it's a good time to take some profits.

Admittedly I'm taking a risk and may have to buy the shares back at a much higher price should the buying support bounce back unexpectedly - though I think the odds are in my favour as things are at the moment.

Anyone who bought in at 17p+, ignore RTD for the time being - look back in a couple of months when the price should be back around the 24p mark all going well.

All the best

OG